Robert Schwenkel Quoted in <em>USA Today</em> Article on Increase in Private Equity Activity

Robert Schwenkel Quoted in USA Today Article on Increase in Private Equity Activity

A March 17th USA Today article titled "Private Equity Firms Spin Off Cash As They Sculpt Companies" features comments by New York partner Robert Schwenkel on "the carry," or fee that private equity firms receive. He notes that critics' complaints about the carry are based on oversimplified perceptions and that private equity firms don't collect a fee until they sell an investment for a profit and return the investors' original investment.

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